Ohio unemployment hits six-year low
Saturday, May 17, 2014 12:27 AM
COLUMBUS — Good economic news for the state was released on Friday by the Ohio Department of Job and Family Services (ODJFS). The state unemployment rate fell last month to 5.7 percent, down from 6.1 percent in March. The 5.7 percent mark is the lowest for the seasonally adjusted unemployment rate in Ohio since February of 2008.
County jobless rates will be released by ODJFS on Tuesday. In March, the rate in Van Wert County was 5.5 percent. Allen County was at 6.3 percent, and Putnam County checked in at 5.6 percent.
Overall, the number of employed workers in the state increased by 12,600 in April while the number of unemployed workers fell 94,000. The number of unemployed workers was reported at 328,000, and the number of those on the job in Ohio was 5,297,600 in April.
Ohio has 94,000 fewer unemployed workers since 12 months ago, and 55,300 workers on the job during that same time period. The unemployment rate has dropped from 7.5 percent in April 2013 to the 5.7 percent reported for April 2014.
The new report shows an increase of 2,100 additional manufacturing jobs in April as well as 6,200 more in trade, transportation and utilities, and 1,100 more in leisure and hospitality during the past month.
In the past 12 months, job growth has come from 11,500 manufacturing positions, 7,600 construction jobs, 8,900 leisure and hospitality jobs, 18.900 professional and business services positions, and 7,500 in trade, transportation and utilities.
In Indiana, the jobless rate fell to 5.7 percent in April, a drop of two-tenths of a percent. The Hoosier State added 4,400 private sector jobs in April; the labor force in Indiana increased by 11,700.
“April’s job numbers maintained the positive economic trend for 2014 in the Hoosier State,” stated Commissioner of the Indiana Department of Workforce Development Scott B. Sanders. “Indiana’s unemployment rate continues to drop because more Hoosiers are going back to work as our labor force continues to grow, which is not the case with some of our neighboring states or the national trend as a whole.”